Showing 1 - 5 of 5
Utility functions are regarded as elements of a linear space that is paired with a dual representation of choices to demonstrate the similarity between preference revelation and the duality of prices and quantities in revealed preference. With respect to preference revelation, quasilinear versus...
Persistent link: https://www.econbiz.de/10010875295
Persistent link: https://www.econbiz.de/10005521075
Persistent link: https://www.econbiz.de/10005388277
The play of a game is a public good because it is "consumed" by each of the players. We model the play as supplied by an organizer managing a team--the demanders of the public good whose actions are unobservable. Competition among organizers leads to a price-quantity description of efficient...
Persistent link: https://www.econbiz.de/10008521748
Persistent link: https://www.econbiz.de/10005521051